
“Immense shell game”: Aston Martin Residences developer accused of fleecing owners
Aston Martin Residences developer Germán Coto is accused of siphoning millions of dollars from condo owners, according to a bombshell lawsuit being reported for the first time by The Real Deal. Coto is accused of running “an immense shell game” via condo association contracts to vendors with close t

CGI Merchant loses 550 Biltmore as its portfolio cracks
CGI Merchant Group is catching zero breaks, as its South Florida portfolio unravels under the crushing weight of debt woes. In the latest trouble, the firm lost the 15-story 550 Biltmore office building, at 550 Biltmore Way, in Coral Gables. Miami-Dade Circuit Judge Abby Cynamon issued a judgment

Steve Ross, Ken Griffin pledge $10M in push for South Florida office relocations
Billionaires Steve Ross and Ken Griffin moved their businesses to South Florida in recent years, and now they are spreading the gospel of its economic advantages. The powerhouses put $10 million behind “Ambition Accelerated,” an effort to attract out-of-state executives, investors and founders to So
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